| OIH latest price $173.5800 (12.46%) ($161.4700 - $173.8600) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.01% (three month average) |
RSI | 81 |
Latest Price | $173.5800(12.46%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | OIH advances 8.1% a day on average for past five trading days. |
Weekly Trend | OIH advances 14% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support OIH advance at 0% a week (0% probability) XLE(81%) XOP(80%) IWN(67%) IFRA(63%) IWD(62%) |
Factors Impacting OIH price | OIH will decline at least -4.005% in a week (0% probabilities). VIXM(-33%) TLT(-21%) UUP(-20%) BNDX(-13%) VXX(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.005% (StdDev 8.01%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.2% |
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